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Mohd Suhaimi Fariz

MAS Privatisation

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Selling of MAS will only benefit certain parties, says Perkasa - Bernama

 

Perkasa views the proposed selling of Malaysia Airlines System (MAS) as only benefiting certain parties and not the airline itself, Khazanah (Khazanah Nasional Berhad) or the public.

Its information chief Ruslan Kassim said the people saw the decision of selling off government assets as profiting certain parties vith vested interest.

"Selling of MAS will also be against the concept of the New Economic Policy that was introduced by the late Tun Abdul Razak (Malaysia's second prime minister).

"The people demand complete and detailed explanation from those responsible," he said in a statement issued today following reports on the suggestion for MAS be sold off.

Ruslan also called on Minister in the Prime Minister's Department Datuk Seri Idris Jala, who is also a former MAS managing manager, to explain the latter's suggestion for the national carrier be sold off. - Bernama, August 15, 2013.

http://www.themalaysianinsider.com/malaysia/article/selling-of-mas-will-only-benefit-certain-parties-says-perkasa-bernama

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The whole argument about the new management's lack of knowledge is invalid!

 

While it's true that AJ may not have airline management experience, his team, especially the ones that came after AJ like Dr. Hugh certainly have years of airline experience under their belt.

 

If MASEU think they can bring the airline to profit in 6 months (and sustain it, since it's no use having one-off profit), why don't they share their "brilliant" plan to be evaluated, instead of giving out vague statements like typical politicians.

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MAS union wants new team at the helm
If Singapore Airlines and AirAsia Bhd can profit, why is MAS not doing the same?” Maseu president Alias Aziz told Business Times in a telephone interview yesterday.

 

This is the most absurd aviation quote in this year todate. I can't find a precise analogy of its absurdity. If I were asked that question, I would answer, "because we have people like you in the company."

 

By the way, I have since been asking my spies at the MH Rumour Department about the background of this Alias guy. They said he's sort of like a janitor or something (sounds like a joke to me but regardless) why would MH employees elected a janitor of sort as their union head? No wonder such remarks are being made.

 

Hope someone in the know can shed some lights.

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They are blaming AirAsia! http://www.utusan.com.my/utusan/Dalam_Negeri/20130816/dn_12/Jual-MAS-tidak-menguntungkan-rakyat

 

Yes, that's the way it is blame blame blame everyone else but you.

 

A better non-tabloid style read. http://www.themalaysianinsider.com/sideviews/article/why-are-mas-shares-are-on-cheap-sale-koon-yew-yin

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Better? I don't think so. It's overly simplistic.

Not thorough - the writer did not manage to pick up on the fact the MH's shares are now 10 sen nominal value, not RM 1... ;)

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This is what I think what's the whole thing is all about:

  • Since AJ's contract us expiring soon, someone from the inside is eyeing the MD position and he is using the unions to make big hoohas in the media to give the current management a bad press.
  • Workforce chop chop was high in the agenda for turnaround but execution was forcefully denied due to the GE 2013. Now that the GE is a thing in the past, chop chop measures are gaining momentum in smaller scales at various areas.

 

Quoting flee's article above:

 

 

People have been laid off consistently in the last three months and those remaining are feeling the brunt of the management’s drastic measures, such as being forced to work very long hours

 

  • People being laid off consistently in MH is a good development because excessive workloads has been identified before as a big hurdle for MH to return to profitability. AJ mentioned many times that the 'fixed cost' is hard to manage.
  • The staff have been too pampered for way too long for working under lesser than the acceptable productivity level (125% at all given time) hence the sissy grievances.
  • Basic employment contract is simple - if you don't like the working condition, then quit.

 

 

With the way it is going now, profit is being put ahead of the workforce when it should have been the reverse

 

  • This is another very absurd remark which is not supposed to come out from (presumably) someone with acceptable knowledge and working experience in the industry. (very absurd = how can someone be so stupid?)
  • Of course profit has to be put ahead of everything because MH is a business entity. You do business because you want to make money. It's a basic 101 thing that one does not need to go to business school to learn.
  • The staff have been too pampered for way too long that they genuinely believe that MH is a charity/welfare organisation. This is just so sad.
  • If staff wants luxuries - bonus, better pays etc - the company has to be profitable in the first place (da'oh).

 

Totally agreed with the comment from the industry observer in the article. 3 words - MASSIVE INTERNAL CLEAN-UP.

 

As a proceed, I think, should MH is to remain in its current structure from the management aspect, making it private asap is crucial as for as long as it remains public, the taxpayer money will suffer to comply with the whims and fancies of the MASEU, NUFAM whatever etc.

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Get rid of the parasites and MAS will be flying high again. Lots of non productive staff who need to go. Lean mean and hungry for success... That's the way forward. If not, just wipe the slate clean and start afresh.

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ust wipe the slate clean and start afresh.

When Firefly jet was introduced, I had a sneaking suspicion that MAS was probably trying to transfer all shorthaul operations to them and close down. That was the backdoor way of getting rid of the MAS unions...

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  • The staff have been too pampered for way too long that they genuinely believe that MH is a charity/welfare organisation. This is just so sad.

 

KUL is one of the few modern airports that checkin staff has assistant to handle luggage and yet some MH checkin staff told pax to remove previous/old luggage tag :pardon:

Edited by KK Lee

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KUL is one of the few modern airports that checkin staff has assistant to handle luggage and yet some MH checkin staff told pax to remove previous/old luggage tag :pardon:

Been told to do that too!

 

AK check in agents do it for you, this nonsense is unique to MH I guess. MH ground people are as bad as their cabin crews are good IMO.

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Najib: MAS will not be privatised

 

PUTRAJAYA (Aug 19): Prime Minister Datuk Seri Najib Tun Razak said today Malaysia Airlines (MAS) will not be privatised.
He said MAS will not be privatised as the national carrier's turnaround plan showed the total losses were shrinking.
Najib, who is also Finance Minister, said this to reporters when asked to comment on the suggestion by former Prime Minister Tun Dr Mahathir Mohamad that MAS should be privatised.
Dr Mahathir had said privatising MAS was one of the ways to address the losses faced by the national carrier particularly after undergoing turnaround plans several times.
Earlier, Najib attended the Treasury's Hari Raya Aidilfitri open house.
Source: The Edge

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Are a lot of union members UMNO members too??

They need not be. Their votes are always used as a collective bargaining chip by the union.

 

On the subject of privatisation, I think it does not matter much. If politicians are still allowed a hand in the running and decision-making of these companies one way or the other, you can bring in Bill Gates to turn the companies around and even he wouldn't be able to do it.

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No to MAS privatisation, says Najib

 

PUTRAJAYA (Aug 19, 2013): Prime Minister Datuk Seri Najib Abdul Razak (pix) has dismissed calls for the privatisation of national carrier Malaysian Airlines (MAS).
Najib said MAS is a public listed company and it is controlled by Khazanah Nasional Bhd and is of public interest.
He added that MAS is administered similarly to any commercial entity and is governed by good management principles.
"Although MAS has suffered financially, recovery plans have been yielding results and the trend of losses has been reduced.
"So with such an encouraging trend, we will be continuously monitoring MAS so that its performance and financial position will become better based on the recovery plans," said Najib in a press conference at the Ministry of Finance's Hari Raya open house here today.
Najib, who is also the Finance Minister said the recovery plans for MAS is ongoing and the results cannot be expected overnight.
"It needs time, so we hope not long from now, MAS will see improvements," he said.
He added MAS was not alone in its problems as all other airlines in the world are also facing competition.
Najib said this in reference to several calls, including one by former Prime Minister Tun Dr Mahathir Mohammad who said privatisation could be the answer in an effort to revitalise the national carrier, and consequently, overcome its losses at present.
Mahathir said privatisation is a good step for MAS to generate big profits because when a company is government-owned, it faces constraints from the point of finance.
He added that the privatisation would force MAS management to become more focused in finding ways to make the national carrier profitable.
Meanwhile, Najib also defended low-cost carrier AirAsia against calls for government servants to choose MAS over it, saying that the airline was also "a Malaysian-owned firm".
"AirAsia is mostly a Malaysian-owned company too. Its profits are our country's profits as well.
"Don't forget that AirAsia has brought many tourists from abroad," he added.

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